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SqueakyRaccoon
SqueakyRaccoon
Xiaomi

Best way to invest in Cryptos from India ?

Time to invest in Cryptos is coming in next 3-5 months as we go near to Bitcoin Halfing. Wanted to ask these questions from the operational standpoint.

  1. Indian exchanges have a lot less liquidity and so not safe enough for us. So what do you guys use ?

  2. Too much money getting deducted ( almost 17%) while buying USDT by using Binance P2P? How do you guys transact ?

What to know how are some of you crypto bros seriously investing from India.

15mo ago
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ZippyMochi
ZippyMochi
Stealth15mo

Don't keep money on exchanges. Use hardware wallet.

You can try to get p2p OTC trades. There are traders, groups and market makers you can approach. Only go for trusted ones though.

There's also onramp that allows UPI purchases.

SqueakyRaccoon
SqueakyRaccoon
Xiaomi15mo

Is onramp safe ? I saw many promoted videos. But I am not too sure about it

ZippyMochi
ZippyMochi
Stealth15mo

You can experiment with small amounts, but no exchange is really safe. Be it Dex or cex. Hardware wallet is the way to go for custody.

FuzzyCupcake
FuzzyCupcake
Trellis15mo

Crypto is ded

ZippyMochi
ZippyMochi
Stealth15mo

Said everyone every year since 2012 lol. You must be new here.

DerpyPancake
DerpyPancake
Stealth15mo

17% is getting deducted while buying USDT at Binance? How?

SqueakyRaccoon
SqueakyRaccoon
Xiaomi15mo

I bought 100rs worth USDT and the deposited value of USDT in app is 0.99$

DerpyPancake
DerpyPancake
Stealth15mo

I thought USDT to INR was a 0 fee trading pair, are you sure it wasn't just price fluctuation? I sell USDT for INR quite often, always get 100% of the paid value

GroovyMarshmallow
GroovyMarshmallow
Stealth15mo

Buy on dex keep it in hot wallets Just buy on binance and stake it

FloatingUnicorn
FloatingUnicorn
Stealth15mo

I did it for zero p2p is free dude

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